AI investment 🫥


"Those expenditures may be approaching $1 trillion for 2025, while AI revenue —which would be used to pay for the use of AI infrastructure to run the software —will not exceed $30 billion this year. Are we to believe that such a small amount of revenue is driving economy-wide layoffs?

"Investors can’t decide whether to cheer or fear these investments. The revenue is minuscule for AI-platform companies like OpenAI that are buyers, but is magnificent for companies like Nvidia that are sellers. Nvidia’s market capitalization recently topped $5 trillion, while OpenAI admits that it will have $115 billion in cumulative losses by 2029. 

"The lack of transparency doesn’t help. OpenAI, Anthropic, and other AI creators are not public companies that are required to release audited figures each quarter. And most Big Tech companies do not separate AI from other revenues."


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